Connect with us

News

Zulum drops warning over Tax Reform Bills

Published

on

Please Kindly Share This Story

Borno State Governor, Prof. Babagana Zulum, has warned that the proposed Tax Reform Bills could have devastating consequences for the Northern region and other parts of the country, if they are allowed to pass through

In an interview with BBC Hausa on Friday, Zulum criticised the speed with which the bill is progressing through the legislative process, drawing comparisons to the Petroleum Industry Bill, which took nearly two decades to pass.

“Why the rush? The Petroleum Industry Bill took almost 20 years before it was finally passed. But this tax reform bill is being transmitted and receiving legislative attention within a week. It should be treated carefully and with caution so that even after our exit, our children will reap its benefits,” Zulum stated.

The governor alleged that the bill is structured to disadvantage certain regions of the country.

“We condemn these bills sent to the National Assembly. They will drag the North backward and also affect the South East, South West, and some South-Western states like Oyo, Osun, Ekiti, and Ondo,” he added.

Zulum further alleged that some individuals might be influencing President Bola Ahmed Tinubu into believing that the North does not support his administration.

“This is not opposition. Based on our understanding, this bill will destroy the North entirely. We call on President Tinubu to review this decision. He secured 60% of his votes from the North. He should not listen to those telling him the North is not supporting him. What we need is the withdrawal of these tax bills,” he said.

The governor warned that if the bill is passed, Northern states would struggle to implement developmental projects, including paying salaries.

“If these bills pass, we won’t even be able to pay salaries. And if we do, it won’t be sustainable the following year.

“We are against it, and even Lagos State is against it. If this bill is dragging regions backward, why won’t they rescind it? Our National Assembly members, including some from the South, are not in support of it,” he lamented.

Speaking on behalf of the North East, the governor clarified that their opposition to the bill does not amount to opposition to the administration.

“This is our position, and it doesn’t mean we are against the government. We supported and voted for President Tinubu. But these bills will not be beneficial to us,” he noted.

The Senate on Thursday passed the tax reform bills for a second reading following a debate among lawmakers.

The bill was subsequently referred to the Committee on Finance, which was instructed to revert in no more than six weeks.

The four tax bills sent to the National Assembly include the Nigeria Tax Bill 2024, which is expected to provide the fiscal framework for taxation in the country, and the Tax Administration Bill, which will offer a legal framework for all taxes and reduce disputes.

Others are the Nigeria Revenue Service Establishment Bill, which will repeal the Federal Inland Revenue Service Act and establish the Nigeria Revenue Service, and the Joint Revenue Board Establishment Bill, which will create a tax tribunal and a tax ombudsman.

 

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Breaking: Court of Appeal rules in favour of Turaki -led PDP candidate for Osun governorship election

Published

on

Please Kindly Share This Story

The Court of Appeal, Abuja Division, on Thursday, ruled that the Peoples Democratic Party, PDP Gubernatorial Candidate in Osun State was validly nominated by the Tanimu Turaki-led National Working Committee.

The court also ordered INEC to list the PDP logo on the ballot ahead of Saturday’s gubernatorial election.

The Court held that access code is neither a creation of the Constitution nor the Electoral Act; rather, a creation of INEC’s guidelines and cannot, in any way, override the provisions of the Constitution.

Section 288 of the Constitution does not specify the method for nominating candidates; it only states that the names of candidates should be forwarded to the Commission.

The court further held that the defendant (INEC) should take steps to include the name of the appellant on the ballot paper.

Additionally, the court ruled that the primary election conducted by the Tanimu Turaki-led National Working Committee (NWC) of the PDP was a valid primary election in law.

The three-man panel of justices—Justice Mahmud, Justice Jaro, and Justice Ankawere, was unanimous in its judgment.

Continue Reading

News

Breaking: NHRC sets up situation room to monitor and document hate speech, intimidation, threat to life ahead 2027

Published

on

Please Kindly Share This Story

The national Human Rights Commission, NHRC, has set up a situation room to monitor and document all incidences of hate speech, intimidation and threat to life by politicians and other actors ahead of the 2027 general election.

The National Human Rights Commission (NHRC) has expressed concerns over rising incidences of hate speech, intimidation and outright threat to life by highly placed individuals, especially politicians and religious leaders.

The Executive Secretary of the Commission, Chef Tony Ojukwu, SAN, revealed this on Thursday in Abuja at a press conference.

He said the situation room would enable the Commission harvest data, analysis and document persons, agencies and others involved in the negative statements in order to ensure they are properly tracked and brought to book by relevant agencies.

Ojukwu also took journalists on a tour of the newly set up situation room.

 

Details later…..

 

 

 

Continue Reading

News

Breaking: NHRC expresses concern over rising incidences of hate speech, threat to life ahead 2027 elections

Published

on

Please Kindly Share This Story

The National Human Rights Commission (NHRC) has expressed concerns over rising incidences of hate speech, intimidation and outright threat to life by highly placed individuals, especially politicians and religious leaders.

At a press conference in Abuja Thursday, the Executive Secretary of the Commission, Chef Tony Ojukwu, SAN, recalled statements credited to Senator Francis Fadahunsi and Sheikh Yahya Jingir and described the das dangerous with capacity to set the nation ablaze.

He called on politicians, religious and traditional rulers, among other stakeholders to call their supporters and faithful to orders.

He urged government to act before rhetorics turn to violence, saying the forthcoming election in Osun State should serve as example of Nigeria’s capacity to conduct political contest in compliance with international best practices.

Details later…..

 

 

 

Continue Reading

Trending